What would you do in my shoes I don’t invest there so take this with a slight grain of salt but I’ve heard multiple stories of basically this exact scenario someone getting offered a big payday for something in Cumberland, rejecting it & always for some reason (house burned down, block got worse, sheetz decided they actually didn’t want someone’s land for a car wash after all) always selling for like 10-20k and regretting not selling. 

Do I still have to underwrite the property if I own it and can decide on my own how much I want the buyer to repay me over the course of the loan?

Vacancy & Risk Management✅ Plan for at least 1-2 months of vacancy per year to avoid financial strain.✅ Understand eviction costs and legal processes in case of tenant issues.5.

My account manager has basically gone silent.

In my capacity in property management in the Chattanooga area, I work with quite a few brokerages and am more than happy to give you my perspective!

That is a good thing but if you have never managed it can still go sideways.

These homes were built in 2016/17 and I've managed/maintained them myself.

The tenant then decided to vacate the property and leave a mess in the process.

I immediately recognized that the listing agent/property manager had the current rent well below market & the asking price massively wrong.

I’ve been in the STR game for 6 years, managing multiple properties, and here are some of the tech tools that have been game-changers for me—both for evaluating and managing properties.